Analysis Techniques for Auditors Course
IDAUDT7900

Module 1: Introduction to the Course

• Review the purpose of analytical techniques in audit engagements
• Identify criteria for selecting appropriate analysis tools
• Understand the audit context where visual analysis can improve findings

Module 2: Run Chart Analysis

• Create and interpret run charts for time-series data
• Identify patterns, shifts, and trends in performance over time
• Distinguish between common and special cause variation

Module 3: Control Chart Analysis

• Apply statistical control chart techniques to audit data
• Evaluate process stability and detect out-of-control conditions
• Use upper and lower control limits in risk assessment

Module 4: Radar Chart

• Visualize multidimensional performance or criteria
• Compare multiple data sets on a common scale
• Apply radar charts in benchmarking and internal control reviews

Module 5: Histogram

• Display frequency distributions to examine variation and central tendency
• Evaluate data skewness and detect unusual patterns
• Use histograms for compliance and quality control analysis

Module 6: Cause and Effect Diagram

• Construct fishbone diagrams to identify root causes of audit issues
• Organize contributing factors by category
• Use diagrams to guide further audit testing and inquiry

Module 7: Pareto Analysis

• Apply the 80/20 rule to audit findings and exceptions
• Identify key issues or causes driving most observed problems
• Prioritize audit responses based on frequency and impact

Module 8: Scatter Diagram

• Explore correlations between two data variables
• Detect possible cause-effect relationships for deeper analysis
• Support audit conclusions with visual evidence

Module 9: Sequence Flow Chart

• Map audit processes or operations visually
• Identify process inefficiencies, delays, or risk points
• Use for understanding procedures before designing tests

Module 10: Force Field Analysis

• Assess driving and restraining forces affecting a proposed change
• Use in organizational audits and change readiness evaluations
• Facilitate audit recommendations with stakeholder context

Module 11: Cost and Benefit Analysis

• Compare program or project costs to measured benefits
• Support economic conclusions in performance audits
• Apply return on investment (ROI) and break-even analysis

Module 12: Selecting Analysis Techniques

• Match audit objectives to the most appropriate analysis method
• Review strengths and limitations of each visual technique
• Integrate multiple tools to improve audit insight and communication